Who Is Europe Banking on to Drive Winter Travel Growth?
North Asia finally drives Leisure travel recovery for Europe this winter
Family traveler hotel bookings are declining this winter after a peak during the summer and shoulder season. However, non-family, primarily solo travelers from all regions except North America, are flocking to Europe. Asia leads this surge with a 31% year-on-year growth in hotel bookings. Significantly, Chinese travelers are returning, and Europe anticipates a 250% year-on-year growth in their visits this winter.
Y-O-Y Change in Hotel Bookings for Leisure Travel
Solo Travel becomes mainstream as Asians head to Europe this winter
Y-O-Y Change in Hotel Bookings by Non-family Leisure Travelers from Asia
How can These Insights Help You?
About World on Holiday
World on Holiday is an attempt to create a real-time travel-insights center to tell you simply one thing – what travelers are interested in. The insights sourced from hundreds of first-party data sources are based on actual consumer activity and are relevant for anyone who needs a quick way to understand the key macro-trends in any region.
For regular updates on who, why, and how the world is traveling, subscribe to the ‘World on Holiday’ Insights Center.
RateGain is a global provider of SaaS solutions for travel and hospitality that works with 2800+ customers—including the Top 23 of 30 Hotel Chains, the Top 25 of 30 Online Travel Agents, and all the top car rentals including 8 Global Fortune500 companies—and 700+ partners in 100+ countries helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.